Adani Enterprises' promoter entity acquires its shares worth Rs175 crore; stock hits fresh high

15 Sep 2022 , 11:50 AM

On September 13, an Adani Group promoter company acquired shares of Adani Enterprises worth Rs175 crore from the open market, according to sources.

According to the insider trading reports, Spitze Trade and Investment, the promoter group firm, purchased 500,000 shares in an open market transaction.

On September 7, another promoter firm, Gelt Bery Trade, and Investment purchased 140 Adani Enterprises shares.

Adani Enterprises shares, which have more than quadrupled in the previous six months, hit a new 52-week high in Thursday’s trade.

At around 11.43 AM, Adani Enterprises was trading at Rs3,624.90 per piece up by 1.48%, against the previous close of Rs3,572.10.

From September 30, Adani Enterprises will replace Shree Cement NSE in the Nifty 50 index.

For feedback and suggestions, write to us at [e-mail]